🆕24h Crypto Market Overview

⏰Friday, August 30, 2024

♨️Overview:

Bitcoin unexpectedly corrected, erasing some of its gains from the beginning of the trading session after the US's Q3 GDP was better than expected at 3%, showing that the US economy is still strong. The market is expected to have a volatile trading session tonight when the US will announce quite a few inflation-related indicators, but the focus will be on the PCE and CorePCE indexes, the FED's favorite inflation gauge.

♨️ETF Updating (29/08/24):

💰Bitcoin ETF Spot: 🔴25.5M 

🔹Etherium ETF Spot: 🔴1.7M

🎯Weekly Highlights:

▪️GDP Update: This time 3% I Expected 2.8% I Last time 1.4%

▪️Friday: US announces PCE and Core PCE

❇️Top Gainers/Decliners:

🟢$FLR    5%       🔴 $DOGS    10%

🟢$EGLD    4%   🔴 $FLOKI     10%

🟢$CFX     4%    🔴 $RENDER     6%

🆕Hot News:

- BNB Chain announces MVB launch season 8, open for registration until 09/18/2024👉BNB Chain Vietnam

- Elon Musk wins legal victory in class action lawsuit related to Dogecoin price manipulation👉Yahoo

- Edge Matrix Chain, a multichain infrastructure platform raises $20M led by Polygon Ventures, Amber Group👉TheBlock

- Max paint on Deribit for BTC is 61K ($3.54B), with ETH at $1.43B when ETH hits 2k8 at 3pm today👉Deribit

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